Circularity Water Creating value for society INTRODUCTION According to the World Economic Forum 1 , even Our mission at Kingspan is to accelerate a net-zero though global greenhouse gas (GHG) emissions emissions future built environment, with the decreased in the first half of 2020 due to lockdowns, wellbeing of people and planet at its heart. Living “climate action failure” remains a catastrophic this mission means demonstrating business risk. The consensus from the scientific community leadership in safeguarding and sustaining the is clear and urgent: we must strive to limit global environment. temperature rise to 1.5°C above pre-industrial levels. In practice, this means that global, anthropogenic Climate change risks and opportunities are deeply > CO 2 emissions need to reach net-zero no later than 2050 to limit warming to 1.5 o C. Achieving absolute emissions reductions must be the pillar of all embedded in our strategy, R&D investment products, and business model. Kingspan’s core strategy is structured around the manufacturing and delivery mitigation efforts globally. of a wide-range of high-performance, energy and resource efficient solutions. As governments and companies around the world embark on their journey to recovery from the severe impacts caused by the COVID-19 pandemic, we must work together to overcome the challenges faced in a post-pandemic world to We take our role seriously in the fight against climate change and the largest impact we can have is to help enable the decarbonisation of both new and existing buildings around the world. achieve a sustainable and inclusive net-zero world. Kingspan Planet Passionate Report 2021 Target 1 5 4 0 % Reduction in product CO 2 e intensity from our primary supply parthers by 2030 11 1 The Global Risks Report 2021, 16th Edition, World Economic Forum Target 16 00% Zero emission company funded cars by 202 5
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